Tech Company Financing Transactions
Almentor Funding Round
Almentor secured a $10 million Series C investment round on 3/16/2023. Backers included e& capital, Endure Capital and Sawari Ventures.
Transaction Overview
Company Name
Announced On
3/16/2023
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series C
Investors
Proceeds Purpose
almentor will use the funds to increase its investments in the business-to-consumer (B2C) segment and expansion into Saudi Arabia, the company said in a statement. As per the startup, its target is a market of 400 million Arabic speakers who do not have access to educational content.
Company Information
Company Status
Private & Independent
Industry
EdTech
Mailing Address
Floor number 2, 1A 4 A Street, Techno Hub 2 Dubai Silicon Oa
Dubai, Undisclosed
UAE
Dubai, Undisclosed
UAE
Phone
Undisclosed
Website
Email Address
Overview
e-learning and professional people development network serving the Middle East and Africa. Offering video courses and motivational/informative talks in Arabic and English.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Adel Khalil
Chief Executive Officer
Ihab Fikry
Chief Financial Officer
Tharwat Ibrahim
Chief Operating Officer
Ibrahim Kamel
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Where The Data Comes From
We do our best to document all VC transactions involving tech companies. VC transactions reported here are derived from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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